Trading Edges That Last
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Lawrence's Comment Recap Aussie held the support zone mentioned last week. That helped Aussie to push through its resistance and reached Y+2 normal continuation target. Closed the week above Y+1 and midpoint. Outlook Strength ...READ MORELawrence's Comment Recap Y+1 acted as resistance and sold off to target zone mentioned last week. Closed the week above midpoint. Outlook Y+1 and B+1 is now key price level to break thru ...READ MORELawrence's Comment Recap Completely wrong on this one last week that par is in sight. Similar to its metal friend Aussie, both turned strong against dollar quickly and violently with ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Failure to bounce in the beginning of the week got us the 3X target mentioned last week. After target B-2 tagged, ES turned range bound and on ...READ MOREPrecog Vision – Forex 2013-3-83DP Odds Table (AUDUSD) 2017-10-04AUDUSD Jun 16 to Jun 20 Outlook3DP Odds Table (AUDUSD) 2013-05-28GBPUSD Jul 11 to Jul 15 OutlookUSDCAD Jan 07 to Jan 11 OutlookPrecog Vision – Forex 2023-1-123DP Odds Table (AUDUSD) 2014-07-22GBPUSD Nov 12 to Nov 16 OutlookS&P 500 May 14 to May 18 Outlook
As Featured In
AUDUSD Mar 19 to Mar 23 Outlook
Lawrence’s Comment
Struggled at Y-1 and eventually break below but failed to tag Y-2. That set the stage to rally back to Y-0. Closed the week near Y-0 and week high.
Outlook
None of the major weekly target points are tagged, meaning the market is directionless. The reversal in later part of the week points to higher prices at B+2 if B-0 can act as support.
Not expecting a major move to materialize unless Loonie joins the party.
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